The Dragon Called Inflation is Wagging its Tail Again

 | July 05,2010 04:12 pm IST

What therefore matters most is a quick and transparent proclamation by the government about its intended action for two reasons: One, it eliminates uncertainty from the market, which is quite essential for orderliness in the market and two, it enables the market players draft their own readjustment measures so as to tide over the crisis with least ‘side effects’. Let us hope the current disposition in the North block sets in motion a new but effective trend in the governance of the economy.